Aztec Exchange Launches PayMe in Canada with EDI Gateway

Aztec Exchange, a global supplier of invoice finance products and services, and Canadian EDI
provider EDI Gateway today announced a partnership to deliver Aztecs breakthrough early
e-invoice payment service PayMe (payme.cloud) to EDI Gateways (edigateway.com) Canadian
supplier and corporate clients.

Montreal, Canada, June 06, 2017 --(PR.com)-- Early payment solution available to small- to mid-sized
businesses on leading Electronic Data Interchange platform.

Aztec Exchange, a global supplier of invoice finance products and services, and Canadian EDI provider
EDI Gateway today announced a partnership to deliver Aztec's breakthrough early e-invoice payment
service PayMe (payme.cloud) to EDI Gateway's (edigateway.com) Canadian supplier and corporate
clients.

We're pleased to introduce PayMe to the Canadian market with EDI Gateway. There's been tremendous
enthusiasm for PayMe among both SMEs and corporates because buyers are able to use it to secure their
supply chain while suppliers benefit from getting their invoices paid sooner, said Edwin Hagan-Emmin,
CEO of Aztec Exchange. We expect that interest level to continue as we roll out in Canada and look
forward to working with EDI Gateway to deliver this valued service.

We are thrilled to launch this innovative customer-centric solution for our clients of the retail industry.
We have been working to integrate this exclusive solution into our online platform and can now offer a
complete tool that will allow our vendors to benefit from this swift payment process and for the retailers
to increase cash flow and increase efficiencies in accounts payable operations, said Sophie Barbara
Desilets, President of EDI Gateway. Aztec and EDI Gateway have partnered up to offer the retail
industry a simple, user-friendly solution that addresses the concerns of all SMEs and CFOs.

PayMe is unique in the early payment market because, unlike with factoring firms, creditworthiness is
based on that of the buyer, not the supplier. There is complete pricing transparency, meaning there are no
hidden fees or interest charges. Suppliers are only required to pay a minimal invoice discount charge and
a standard transaction fee. For customers on the EDI Gateway platform using PayMe, this means they'll
typically receive payment within 24 hours. Furthermore, because it's entirely online, they can submit for
early payment any time from any internet-connected device. There are also no restrictive long-term
contracts and suppliers can sell as many approved invoices as they want.

This partnership with EDI Gateway is the latest for PayMe, which launched in May 2016. Over the
course of the past year, PayMe has had tremendous growth and is now available to more than 100,000
SMEs globally via e-invoice providers as a white label solution for traditional banks. It will soon be
launched directly through corporates. For EDI Gateway, PayMe complements their existing e-invoicing
solution, enabling them to offer an integrated payment and financing service. The firm looks to continue
this approach going forward to attract and retain their retail and vendor clients.

Page 1/3
PR.com Press Release Distribution Terms of Use
About Aztec Exchange
Aztec Exchange is a leading payment company dedicated to streamlining global supplier finance.
Founded by former Morgan Stanley and HSBC executives, Aztec Exchange's flagship service is PayMe
(known as ePayMe in Latin America and Spain) - a reliable, cost-effective and easy-to-use early payment
solution. With PayMe, suppliers sell their invoices and receive working capital within days rather than
weeks or even months. PayMe is available as a white-label service and can be easily integrated into
e-invoicing networks. Aztec Exchange was named to Forbes 2016 Fintech 50, a list that features
companies that use technology to disrupt the way we save, invest, spend and borrow.

Headquartered in Dublin, Ireland, and with operations in Los Angeles and Miami, Aztec can be found
online at PayMe.cloud.

About EDI Gateway Inc.

EDI Gateway, an MXS Commerce Group company, is a leading North American service provider who
has been helping small to medium size companies become EDI compliant and e-commerce capable since
1993. Specializing in EDI and B2B applications, EDI Gateway offers an array of solutions and services
both standardized and customized, developed to accommodate and complement the evolving needs and
demands of today's diverse e-market, in a cost-effective fashion. Gold Certified Microsoft partner,
servicing over 2,500 customers and their trading partners meeting all EDI and supply chain requirements,
EDI Gateway has been collaborating in a consortium with various key players servicing the retail
industry, to offer a one stop, one path solution.

Contact:
David Eckstein Sophie Barbara Desilets
Aztec Exchange EDI Gateway
pr@aztecexchange.com SophieD@edigateway.com
415-385-9676 1-800-267-3130

Page 2/3
PR.com Press Release Distribution Terms of Use
Contact Information:
EDI Gateway
Sophie Barbara Desilets
514-341-5000
Contact via Email
edigateway.com

Online Version of Press Release:

You can read the online version of this press release at: http://www.pr.com/press-release/718903

Page 3/3
PR.com Press Release Distribution Terms of Use